Check Point Software Announces a Cloud Cybersecurity Acquisition: What You Should Know

Check Point Software (NASDAQ: CHKP) made an important statement when it announced its intention to acquire the cloud cybersecurity start-up Odo Security last week. The legacy cybersecurity specialist claimed it will redefine secure remote access for enterprises, which sounds exciting given the need for these types of solutions in the context of the global shift to remote work. Also, the cloud-based cybersecurity specialist Zscaler indicated its remote access platform Zscaler Private Access (ZPA), which allows remote employees to securely and easily access enterprise resources, contributed to 29% of the company's new businesses, up from 14% in the prior-year period.